Property profile

000 Old Bainbridge Rd Marion, IL 62959

OFF-MARKET
Land
38.93 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 38.93-acre commercial land parcel presents a unique investment opportunity in Marion, Illinois. Strategically located west of Marion and south of Deaconess Hospital (formerly Heartland Hospital), this property boasts significant road frontage and is ready for immediate development. Utilities are readily available, with water and sewer already on-site. The expansive acreage offers considerable potential for a variety of commercial ventures, benefiting from its proximity to a major medical facility and its convenient location within the city. The absence of any existing structures allows for complete design flexibility and customization to suit specific development plans. This is a rare opportunity to acquire a large, well-situated commercial lot in a growing area. The property is being offered for sale by owner at $778,600. Its ideal location and existing infrastructure make it an attractive prospect for developers seeking a prime location for new construction. The address is 000 Old Bainbridge Road, Marion, IL 62959. This property is zoned for commercial use and offers excellent potential for a high return on investment. Serious inquiries are encouraged. The seller is motivated and open to reasonable offers. Don't miss this chance to secure this valuable piece of commercial real estate.

Property profile

Verified
Property type Land
Lot 38.93 ac (1,695,791 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 Old Bainbridge Rd Marion, IL 62959
Marion metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 000 Old Bainbridge Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message